Using the formula C+I+G+ (X-M)= GDP calculate the nation's gross domestic product (GDP). C= 11.2B, I= 2.9B, G= 5B, X= 2.2B, M= 2.8B Your answer Which of the following factors may NOT be essential for economic growth? Capital deepening Human capital O Natural resources O Technology and innovation All of the following statements are false except People who pay higher taxes receive more public goods Public goods are a major source of tax revenue Tax revenue is used to pay for public goods Those who benefit the least from public goods pay the lowest taxes 5 points 5